In an oddly-specific narrative published this morning, AllThingsD reported that sources close to Larry Page and Google Wallet have confirmed that plans for the physical Google Wallet credit card have been cut up, and VP of Wallet Osama Bedier pushed out of the company.

We exclusively reported on the Wallet card last November, when it appeared in a leaked version of the Google Wallet app. You could even initiate the card ordering process, suggesting the project was well on its way to completion.